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Intersil Corporation Message Board

  • ochsnerbier ochsnerbier Aug 31, 2005 4:40 PM Flag

    The Worm Has Turned!

    Sentiment on the board has dramatically changed from the "doom and gloom" attributable to Lou's selling to "the stock is going up, somebody must know something" concept. Personally, I am pleased as even though I ascribe to the idea that we are all big boys here and make our own decisions, the negative tone on the board was discomfiting.

    Semi: I will be the first to joint the club.
    Log: Are you getting back in? Didn't mean to piss you off.
    XB: If by some chance ISIL gets to $30 by year end, can we get an invite to play on your course? You should be able to buy it by then.

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    • I bought 1K at 20.89 just so I could legitimately have a say, but I'll be looking for backfill before I put in more. And before I do that, I want more details on reconstruction costs and recession prospects. After all, this is damn near the scale of Chernobyl, and we all know what effect that had on the Soviet economy.

      I am surprised at the market's resilience, but that can change overnight...let's not lose focus in our exhuberance: Iraq, debt, energy, and now add reconstruction.

      Besides, the 3 month chart is instructive:

      2 June low: 18.52
      23 June high: 20.65
      1 July low: 18.61
      14 July high: 20.51
      27 July low: 18.93
      2 Aug high: 20.21
      12 Aug low: 18.65
      23 Aug high: 20.55
      24 Aug low: 19.71
      31 Aug high: 21.08
      ?? Sep low: 20.??

      Nothing goes up forever.

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